The Drilling Company of 1972 A/S financials

The Drilling Company of 1972 A/S

Country: DK Reporting currency: USD Latest annual report: 2021-12-31
LEI: 549300Q6RULS8O2KBM54
Source filing ↗
Financial statements (USD, as reported — unscaled; 76 line items across 2 annual periods)
Line item 20212020
Income statement
Revenue $1.27B$1.10B
Depreciation & amortisation $213.0M$286.0M
Operating profit (EBIT) $378.0M-$1.62B
Finance costs $75.0M$87.0M
Profit before tax $317.0M-$1.69B
Income tax expense $26.0M-$41.0M
Profit for the year $291.0M-$1.65B
Total comprehensive income $299.0M-$1.66B
Cash flow statement
Net cash from operating activities $315.0M$267.0M
Net cash from investing activities $301.0M-$150.0M
Net cash from financing activities -$283.0M-$204.0M
Repayments of borrowings $229.0M$137.0M
Net change in cash $333.0M-$87.0M
Balance sheet
Total assets $3.78B$3.72B
Non-current assets $2.87B$3.12B
Property, plant & equipment $2.81B$3.05B
Right-of-use assets $23.0M$28.0M
Current assets $909.0M$602.0M
Trade & other receivables $238.0M$210.0M
Cash & equivalents $557.0M$226.0M
Total equity $2.32B$2.02B
Non-current liabilities $978.0M$1.20B
Long-term borrowings $926.0M$1.15B
Current liabilities $484.0M$503.0M
Current portion of long-term borrowings $136.0M$136.0M
Deferred tax liabilities $27.0M$12.0M
Derived metrics
Free cash flow $214.0M$81.0M
Operating margin 29.8%-148.0%
Net margin 23.0%-150.8%
Return on equity 12.5%-82.0%
Cash conversion ratio 1.08×-0.16×
Capex coverage 3.12×1.44×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $202.0M$1.87B
Adjustments For Gain Loss On Disposals Property Plant and Equipment $256.0M-$2.0M
Adjustments For Provisions -$14.0M$5.0M
Current Prepayments $56.0M$76.0M
Current Provisions $2.0M$15.0M
Current Tax Assets Current $4.0M$14.0M
Current Tax Liabilities Current $77.0M$65.0M
Deferred Income Classified As Current $40.0M$62.0M
Deferred Tax Assets $17.0M$15.0M
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$2.0M$3.0M
Equity and Liabilities $3.78B$3.72B
Finance Income $14.0M$15.0M
Gains Losses On Cash Flow Hedges Net of Tax -$3.0M-$20.0M
Gains Losses On Disposals of Property Plant and Equipment $256.0M-$2.0M
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss -$11.0M$1.58B
Income Taxes Paid Refund Classified As Operating Activities -$7.0M$9.0M
Increase Decrease In Working Capital $8.0M-$27.0M
Increase Decrease Through Sharebased Payment Transactions $4.0M$2.0M
Increase Decrease Through Transactions With Owners $4.0M-$3.0M
Intangible Assets Other Than Goodwill $14.0M$15.0M
Interest Paid Classified As Financing Activities $54.0M$64.0M
Issued Capital $63.0M$63.0M
Liabilities $1.46B$1.70B
Noncurrent Derivative Financial Liabilities $16.0M$33.0M
Noncurrent Provisions $9.0M$5.0M
Other Adjustments For Noncash Items $6.0M-$2.0M
Other Comprehensive Income $8.0M-$7.0M
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax $8.0M-$7.0M
Other Current Liabilities $348.0M$367.0M
Other Current Receivables $54.0M$76.0M
Other Inflows Outflows of Cash Classified As Financing Activities $0$2.0M
Other Inflows Outflows of Cash Classified As Investing Activities -$3.0M-$2.0M
Other Noncurrent Financial Assets $6.0M$6.0M
Other Noncurrent Liabilities $52.0M$50.0M
Other Payables $65.0M$58.0M
Payments To Acquire Or Redeem Entitys Shares $0$5.0M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities $405.0M$38.0M
Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets $101.0M$186.0M
Purchase of Treasury Shares $5.0M
Reclassification Adjustments On Cash Flow Hedges Net of Tax -$11.0M-$13.0M
Restricted Cash and Cash Equivalents $13.0M$14.0M
Share of Profit Loss of Joint Ventures Accounted For Using Equity Method -$1.0M-$1.0M
Trade and Other Current Payables To Trade Suppliers $164.0M$167.0M
Trade and Other Receivables $352.0M$376.0M
Methodology

Every line item above is a fact tagged in The Drilling Company of 1972 A/S's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.